Tech Company Financing Transactions
Broswarm Funding Round
On 11/5/2024, Broswarm landed $860 thousand in investment from ScaleWolf.
Transaction Overview
Company Name
Announced On
11/5/2024
Transaction Type
Venture Equity
Amount
$860,000
Round
Undisclosed
Investors
ScaleWolf (Edvinas Skerza)
Proceeds Purpose
With this funding, the company plans to accelerate R&D, refine and patent the X-Ray Eagle technology, ultimately achieving a field-ready prototype for large-scale deployment.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
Undisclosed
Vilnius, Undisclosed
Lithuania
Vilnius, Undisclosed
Lithuania
Phone
Undisclosed
Website
Email Address
Overview
BROSWARM is leveraging the power of artificial intelligence to create advanced sensory arrays and sensor fusion technology for a variety of applications. BROSWARM was awarded 1st place at the LTU defence event 'Ugninis Skydas 2023' for its landmine detection technology.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ernestas �vaig�dinas
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